54 Leroy Place, Newburgh, NY 12550
Local realty services provided by:CENTURY 21 Elite Realty
54 Leroy Place,Newburgh, NY 12550
$598,000
- 5 Beds
- 4 Baths
- 3,056 sq. ft.
- Multi-family
- Pending
Listed by: john r. ruggieri
Office: bhhs hudson valley properties
MLS#:942018
Source:OneKey MLS
Price summary
- Price:$598,000
- Price per sq. ft.:$195.68
About this home
A rare opportunity to acquire a fully leased, income-producing property in Newburgh’s highly desirable East End Historic District. This Craftsman-style four-unit building offers immediate cash flow with long-term appreciation potential in one of the city’s most architecturally significant neighborhoods.
A massive stone wraparound porch sets a commanding first impression, complemented by a detached garage and classic period detailing throughout. The property is configured as four apartments, all currently rented to long-term tenants:
First floor: Spacious 2BR/1BA unit featuring exceptional original details including functioning pocket doors, preserved woodwork, hardwood floors, two fireplaces, and an eat-in kitchen. The flexible layout allows the second bedroom to function as a sitting room or home office.
Second floor: Two 1BR/1BA apartments; Third floor: One 1BR/1BA apartment. Enjoy views of the Hudson River, Newburgh Beacon Bridge, and mountains from the upper levels.
A partially finished basement enhances tenant amenities and owner value, offering a common laundry room, recreation space, half bath, and generous storage.
The three-stall detached garage with a separate second-floor space offering additional income-generating or utility potential. This flexible area can be utilized for storage, office use, gym, or artist studio, creating optional revenue streams or enhanced amenities that differentiate the asset within the market.
With strong in-place tenancy, architectural character that supports premium positioning, and the option to maintain as a rental or pursue future single-family restoration, 54 Leroy Place represents a compelling core-plus investment in a neighborhood experiencing continued demand from renters and owner-occupants alike....
Contact an agent
Home facts
- Year built:1908
- Listing ID #:942018
- Added:227 day(s) ago
- Updated:August 03, 2026 at 08:36 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood
- Dining Description:Eat-In Kitchen
- Kitchen Description:Eat-in Kitchen, Pantry
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Partially Finished
- Living area:3,056 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1908
- Building area:3,056 sq. ft.
- Lot area:0.4 Acres
- Lot Features:Cleared, Historic District, Near Public Transit, Views
- Construction Materials:Clapboard, Frame, Shingle Siding, Stone
Schools
- High school:Newburgh Free Academy
- Middle school:Newburgh
- Elementary school:Newburgh
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$598,000
- Price per sq. ft.:$195.68
- Tax amount:$15,931 (2025)
Features and amenities
- Laundry features:Common Area, Washer/Dryer Hookup
- Amenities:High Ceilings, Storage
Parking
- Parking description:Detached, Driveway, Garage, Off Street
- Garage:Yes
- Garage spaces:3
New listings near 54 Leroy Place
- New
$219,000Active2 beds 1 baths1,081 sq. ft.440 Carpenter Avenue #16, Newburgh, NY 12550
MLS# 1033780Listed by: HOMESMART HOMES & ESTATES - New
$425,000Active3 beds 2 baths2,228 sq. ft.307 Route 17k, Newburgh, NY 12550
MLS# 1033423Listed by: HOWARD HANNA RAND REALTY - New
$325,000Active2 beds 2 baths1,275 sq. ft.2 Westbrook Road, Newburgh, NY 12550
MLS# 1032493Listed by: RE/MAX BENCHMARK REALTY GROUP - New
$1,250,000Active3 beds 4 baths3,740 sq. ft.249 Grand Street, Newburgh, NY 12550
MLS# 1032922Listed by: RONIN REAL ESTATE - New
$329,000Active2 beds 1 baths1,257 sq. ft.120 Route 17k, Newburgh, NY 12550
MLS# 1032871Listed by: EXP REALTY - New
$220,000Active3.3 AcresPlank, Newburgh, NY 12550
MLS# 1032885Listed by: KW MIDHUDSON - New
$290,000Active5 beds 2 baths1,760 sq. ft.53 William Street, Newburgh, NY 12550
MLS# 1028818Listed by: EREALTY ADVISORS, INC - New
$350,000Active3 beds 1 baths1,248 sq. ft.102 Prospect Street, Newburgh, NY 12550
MLS# 1031945Listed by: HOMESMART HOMES & ESTATES - Coming Soon
$490,000Coming Soon4 beds 2 baths26 Rockwood Drive, Newburgh, NY 12550
MLS# 1031414Listed by: RE/MAX BENCHMARK REALTY GROUP - New
$475,000Active4 beds 3 baths1,904 sq. ft.354 Robinson Avenue, Newburgh, NY 12550
MLS# 1031360Listed by: KELLER WILLIAMS REALTY